diff --git a/package/python-setuptools-rust/python-setuptools-rust.hash b/package/python-setuptools-rust/python-setuptools-rust.hash
index 61d2c8a150..2926a5d326 100644
--- a/package/python-setuptools-rust/python-setuptools-rust.hash
+++ b/package/python-setuptools-rust/python-setuptools-rust.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/setuptools-rust/json
-md5  e3be6366d0d71304ca859edca3c89606  setuptools-rust-1.9.0.tar.gz
-sha256  704df0948f2e4cc60c2596ad6e840ea679f4f43e58ed4ad0c1857807240eab96  setuptools-rust-1.9.0.tar.gz
+md5  d92da96159f470af8a15da8ddef1975e  setuptools_rust-1.10.1.tar.gz
+sha256  d79035fc54cdf9342e9edf4b009491ecab06c3a652b37c3c137c7ba85547d3e6  setuptools_rust-1.10.1.tar.gz
 # Locally computed sha256 checksums
 sha256  b20668c1590582b3882854050ccfbdb7aee1f71a1ffe9eacc4c5aeb08a14161b  LICENSE
diff --git a/package/python-setuptools-rust/python-setuptools-rust.mk b/package/python-setuptools-rust/python-setuptools-rust.mk
index 14930501d0..3520d76052 100644
--- a/package/python-setuptools-rust/python-setuptools-rust.mk
+++ b/package/python-setuptools-rust/python-setuptools-rust.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_SETUPTOOLS_RUST_VERSION = 1.9.0
-PYTHON_SETUPTOOLS_RUST_SOURCE = setuptools-rust-$(PYTHON_SETUPTOOLS_RUST_VERSION).tar.gz
-PYTHON_SETUPTOOLS_RUST_SITE = https://files.pythonhosted.org/packages/9d/f1/2cb8887cad0726a5e429cc9c58e30767f58d22c34d55b075d2f845d4a2a5
+PYTHON_SETUPTOOLS_RUST_VERSION = 1.10.1
+PYTHON_SETUPTOOLS_RUST_SOURCE = setuptools_rust-$(PYTHON_SETUPTOOLS_RUST_VERSION).tar.gz
+PYTHON_SETUPTOOLS_RUST_SITE = https://files.pythonhosted.org/packages/b8/86/4f34594f21f529623b8650fe729548e3a2ad6c9ad81583391f03f74dd11a
 PYTHON_SETUPTOOLS_RUST_SETUP_TYPE = setuptools
 PYTHON_SETUPTOOLS_RUST_LICENSE = MIT
 PYTHON_SETUPTOOLS_RUST_LICENSE_FILES = LICENSE